General ranges by loan type and credit tier, for orientation only. Your actual offer depends on your credit profile, income, and the individual lender.
| Loan type | Typical APR range | Typical term | Collateral |
|---|---|---|---|
| Personal loan (unsecured) | 8% – 24% | 2 – 5 yrs | None |
| Secured personal loan | 6% – 16% | 2 – 7 yrs | Savings, vehicle, etc. |
| Credit-builder loan | 6% – 16% | 6 – 24 mo | None |
| Line of credit | 10% – 22% | Revolving | Usually none |
Ranges are illustrative and drawn from general market observation, not live quotes. Ask any lender for their current, individualized rate before agreeing to anything.
| Credit tier (approx. FICO) | Typical rate impact |
|---|---|
| Excellent (720+) | Lowest available rates, widest lender selection |
| Good (690–719) | Competitive rates, most lenders available |
| Fair (630–689) | Higher rates, fewer prime lenders, more fees possible |
| Poor (below 630) | Highest rates, often requires secured or specialty lenders |
Credit score is one input among several — income, existing debt, and employment history all factor into the rate a lender ultimately offers. Two people with identical scores can receive different offers from the same lender.